Irish Post newspaper goes into liquidation

The UK’s most popular Irish community newspaper,The Irish Post has announced it is to cease trading as of today and has gone into liquidation.

Siobhan Breatnach, the news editor of the London based newspaper confirmed to Irish Central that the latest issue would mark the final edition of the paper.

Owned by Thomas Crosbie Holdings, employees at the newspaper was informed that the newspaper has gone into liquidation with all staff being made redundant, unless a buyer can be found. Berkshire-based FPM Accountants has been appointed as the liquidator, the Irish Times reports.

Breandán Mac Lua, originally from County Clare established the expatriate publication in 1970.

The newspaper, which employs 12 full time staff was published on a bi-weekly basis. It was acquired by by Thomas Crosbie Holdings, publisher of two prominent Irish newspapers The Examiner and The Sunday Business Post, in 2003 for £1.7 million. It's main competitor was The Irish World.
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